Takeovers

This book is a complete guide to the regulation of takeovers of public companies in the UK. It explains three critical elements of this area: * takeover offers in the context of other forms of takeover and company acquisition * the City Code * how the City Code interacts with the statutory provisions regulating takeovers and the rules of the London Stock Exchange Rather than containing a detailed analysis of every aspect of takeover law and regulation, this guide is designed to be used for practical purposes.
In particular, the book: * explains how to plan a bid, in terms of initial strategy, the timing, the price, and the importance of secrecy * goes through the documents commonly used in takeover offers and the legal requirements that govern them * includes a specimen timetable for contesting a takeover to help calendarise the deal * advises on how to implement a defence strategy to protect the company from bids and avoid missing deadlines generally * includes details of the obligations of listed companies with regard to takeovers, as set out in the Listing Rules * provides a checklist at the back to be used as an aide-memoire when taking instructions from a party to a possible takeover offer * This clear yet thorough guide leads practitioners step-by-step through correct takeover procedure, ultimately saving them time * All information for a successful takeover is contained in this volume negating the need for reference to other texts * Provides practitioners with an overview of the relevant regulations and ready source of reference, saving them the trouble of consulting detailed rules where unnecessary * Both sides of the takeover process are considered - making and contesting * Includes documents commonly used in takeover offers
 
This book is a complete guide to the regulation of takeovers of public companies in the UK. It explains three critical elements of this area: * takeover offers in the context of other forms of takeover and company acquisition * the City Code * how the City Code interacts with the statutory provisions regulating takeovers and the rules of the London Stock Exchange Rather than containing a detailed analysis of every aspect of takeover law and regulation, this guide is designed to be used for practical purposes.
In particular, the book: * explains how to plan a bid, in terms of initial strategy, the timing, the price, and the importance of secrecy * goes through the documents commonly used in takeover offers and the legal requirements that govern them * includes a specimen timetable for contesting a takeover to help calendarise the deal * advises on how to implement a defence strategy to protect the company from bids and avoid missing deadlines generally * includes details of the obligations of listed companies with regard to takeovers, as set out in the Listing Rules * provides a checklist at the back to be used as an aide-memoire when taking instructions from a party to a possible takeover offer * This clear yet thorough guide leads practitioners step-by-step through correct takeover procedure, ultimately saving them time * All information for a successful takeover is contained in this volume negating the need for reference to other texts * Provides practitioners with an overview of the relevant regulations and ready source of reference, saving them the trouble of consulting detailed rules where unnecessary * Both sides of the takeover process are considered - making and contesting * Includes documents commonly used in takeover offers